Eagle Bancorp Montana (NASDAQ:EBMT) Posts Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) issued its quarterly earnings data on Tuesday. The bank reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.15, Zacks reports. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 4.96%.

Eagle Bancorp Montana Trading Down 0.4 %

Eagle Bancorp Montana stock traded down $0.06 during trading hours on Tuesday, reaching $14.99. 19,229 shares of the company's stock traded hands, compared to its average volume of 20,761. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.93 and a current ratio of 0.94. Eagle Bancorp Montana has a fifty-two week low of $12.32 and a fifty-two week high of $17.62. The firm has a market capitalization of $120.22 million, a price-to-earnings ratio of 13.88 and a beta of 0.53. The firm's 50 day moving average is $15.94 and its 200-day moving average is $15.53.

Insider Buying and Selling at Eagle Bancorp Montana

In related news, Director Kenneth M. Walsh sold 6,705 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $16.44, for a total value of $110,230.20. Following the sale, the director now directly owns 141,033 shares in the company, valued at $2,318,582.52. This trade represents a 4.54 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Peter Joseph Johnson sold 5,000 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $16.97, for a total transaction of $84,850.00. Following the completion of the sale, the director now owns 57,838 shares in the company, valued at $981,510.86. This represents a 7.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,795 shares of company stock worth $213,610. Company insiders own 6.70% of the company's stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Eagle Bancorp Montana from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th.

Eagle Bancorp Montana Company Profile

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.